Thu, 23rd Mar 2023 17:45 (GMT +7)

Two-thirds of blue chips close in green

Friday, 09/12/2022 | 09:28:42 [GMT +7] A  A

Vietnam’s benchmark VN-Index rose 0.91% to 1050.53 points Thursday with 20 out of 30 blue chips in the green.

Two-thirds of blue chips close in green
An investor points at stock prices on a screen at a brokerage in Ho Chi Minh City.

The index closed 9.51 points higher after losing 7.67 points on Wednesday.

Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 10.02% to VND15.45 trillion ($649 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 20 tickers gain.

STB of Ho Chi Minh City-based lender Sacombank led with a 6.9% rise, followed by SSI of leading brokerage SSI Securities Corporation and TCB of the largest private lender Techcombank, both went up 6.8%.

Other gainers included PDR of Phat Dat Real Estate Development, up 5.1% and GVR of Vietnam Rubber Group, up 5%.

Nine blue chips fell, with NVL of property developer Novaland Group hitting floor price with a 6.8% drop.

MSN of conglomerate Masan Group lost 4%, and VRE of retail real estate arm Vincom Retail went down 2.5%.

Foreign investors were net buyers to the tune of VND580.29 billion, mainly buying VIC of biggest private conglomerate Vingroup and STB of Ho Chi Minh City-based lender Sacombank.

The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 2.59% while the UPCoM-Index at the Unlisted Public Companies Market was up by 1.66%.

Source: VnExpress